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HomeMy WebLinkAbout0090 1 ~ • . ' 2'73012 ~ , ~gn~~nce~~t N~t To En~~~n,Gen, on T~a~~, p~o ~ K~ That the UndersiRned. hereinafter caUed the "Borrowecs". for and in consideration of the sum of TEN DOLLARS (=10.00) and other good and valuable constderactons unto them !n hand pa!d. the receipt wheteof ts hereby acknowledged, and for cCie purpo:e of Inducing First National Bank FORT PIERCE, a Florida banking carporatioa. herein~ft~~tl~he "Bank"~ to g,rant credtt unto the ur~dersigned under a promissory note !n ~i~~neipal sum of i ~ • dated_1-18-74 ' ortoputcsase from hetein refened to as "Dealer". che promis~ory nae of the undersigaed for the sum of i ~ dated , and payable to Dealer. the undenlgned here- by Join7 snd severslly oovenant, p~omise and ag~ree ss follows~ to-witt r 1. So nguthe~otehereinabovereferredto~ a anypo rtion thereof. oc any extenslon or renewal thereof, ar~d slw any and allother indebtedneuottbe Borrowen~ or eicher of them. to said Bank, whetber jofnt ot several~ here- tofo~e aa heraafter incurred. of aa)• aature whaucever, shall remain unpaid. either before or afcer the maturity th~ceof the said Botrowers will do t6e folbwir,g things to-wit: ~ (a) Pay promptly when due alt fire and ~rindscorm inswancepremiums. tsxes~ auessmenu. dues and chargei of every kind impoted or levied upon their real and personalProperty ptior to the time when any such sums shall beoome deliaquent or in defsuTt; and (b) Proanptlypaywhendue anyand all sums due and owing on any m~tgage or other encumbrance oa the prop- erty hetelnafter described and will never suffet or permit any mortgage lien or eneumbrance thereon to be- come delinquent a go tnco default. 2. The Borrowen agree that they will not. without fint procuring the oo~sent in writing of the said Bank here- after ereate oc permit any llen a othet eneumbrartce to exist on theirptoperty~ real orpe rsonal~ noa owned or here- aSer acQuired by them including~ but not lfmited to~ the property 6ereinafter described~ 3. The eorrqwen agree that theyshallnot have the privilege, nor will they sell, transfer. assign. hypothecate~ oc in any manner whatevet, dispose of the property. or any interest therein~ owned by them~ lncluding specifically~ but not limited to~ the Eollowing real estate situate~ to-wit: (Description of PropeRy) Lot 1, Block 1, ORANGE BLOSSOM ESTATES as per plat thereof on file in Plat Book 11~ Page 6~ Public Records of St. Lucie County, Florida w long as any indebcedness ar obligation shatl remairs unpaid as hereinabove referred to in Paragraph 1. 4, If the Borrowen shalidefauit{nanyof[he covenants. promises~ and agreemenu herein contained to be made~ done~ aad performed by them. or if they shall actempt m uansf~r. sell~ hypothecate. dispose of or encumber any of the propeny of the Borrow ers without first procuring the consent in writin of the Bank therefor. then in either or any of such evenu, the 8ank may, in addidon to any and all other righu w~ich the Bank may have~ deelare the entire remaining unpaid principal and interest of any such obligations or indebtednesses then remaining unpaid to the Bank. due and pa able forthwith and shsll. as security forpa yment thereof. have a 2iea on all of the property of the Bor- rowers. bot~ real and penonal, including~ but not limited to. the real estate hereinabove described. which llen may bs enfaced by foreclosure in the same manr?er as a mottgage may be enforced for default, IN WTTNESS WHEREOF~ the undersigned have hereunto set their hands and seah at Fort Pie rce ~ ~ County of St. Lucie ~ State of Florida. this 18 day of - January ~ 19 ?4 ~ Signed. sealed and livered in the presence of: ' i ~ ~~t~ ~r G~~ _ ~i~'fI.CG-- ~ ~ ~ (SEAL) ~ ~ f~ _ • /8 . O i : / ~ ' ` J~:Ci~- ~;~~ti y`- ~ ~ . ~ t=,. ~SEAL) ~ ~ i 1 . wen . ~otrowers) ~ STATE OF ~LORIDA ST. Lucie i COUNTY OF j ' BEFORE ME, a Nocary Public in and fa the State of Florida at Large. personally appeared Cha rle s E. E ' Bowen and Allie G. Bowen, his wifa known co me to be thepe rson(s) whose names(s) Is/are subscribed to the within insuument and scknowledged to me. that he executed the same for the purposes thereln expressed, € 5 ' WITNESS r?zy hand and of~cial seal at Fort Pierce ~ Co~~y St. LuCie ~ R ~ ~ ~ ~y~e,otFio~ida~ chts Z8 day of- January 19 ?4 " . . ~ : • ' ~ i L ; t• • ~ = S a • _~(S~A~) - (Notary Pub , S[ of F1uct at Large) -z . - ~ _ Nptary PUt~I' . of Fiorid'a La~e - ; ;3 ' - My Commission Expires - • . ~ - ; > 'c`•..^ ~ ; Thu instrument was prepued by: Irene Sewell ~ First National Bank of Ft Fierce i ' ' Address: p, O. Box 970, Fort Pierce, Florida 33450 ~ ~ ~ iN PAYMEMf Oi Z~ ' FtIEG Afi'- ~t~~P~ED ~ ~p ; ~ ~M7t fl~. ~ ~ ~,u ~ 1lfI1W6181E PEIlSON1V~!'~='~+i• = SS.IU..,~,,.0_,,-pa5 /UR911WT TO p~It 71•13R. ACTS:OF 7MR'~j! ~ ~ ClC ;1. t.'~~ COU~j ~ pp~EJ! POITRAS . : p~ -_.1 f L..._.~?'~ a~ Ctll~ Si. WCIE Q0. HJ1, ~ . 5 ~ c~ 49 a~+'~a i - 2'730~.2 0 ~ ~ eo~ 223 P~~ 9Q